Ubisoft has confirmed that it has completed a deal with Marvel to acquire the Avengers video game license that was formerly held by THQ. After THQ basically canceled the release of an Avengers tie-in video game and returned the license to Marvel, this opened up a chance for Ubisoft to move to cut a deal to acquire the license and prepare the release of a title of its own.

Ubisoft is preparing the release of Avengers: Battle for Earth, which will be released on the Xbox 360 and Wii U. The Xbox 360 version will feature Kinect support, while the Wii U version will make use of the Tablet controller that is unique to the Wii U platform.
 
The THQ Avengers title was in development at its Brisbane and Blue Tongue studios that were closed. From what we understand, the new Ubisoft title does not use any of what was developed by THQ and instead is a title from scratch by Ubisoft. Avengers: Battle for Earth will be release this fall, but an exact release date was not announced.